27 Sep - 6 min read

AngloGold Ashanti Appoints Newmont’s Marcelo Godoy as Chief Technology Officer

AngloGold Ashanti Appoints Newmont’s Marcelo Godoy as Chief Technology Officer

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN: ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
(“AngloGold Ashanti”, “AGA” or the “Company”)

NEWS RELEASE

AngloGold Ashanti Appoints Newmont’s Marcelo Godoy as Chief Technology
Officer

(JOHANNESBURG) – NEWS RELEASE – AngloGold Ashanti is pleased to announce the
appointment of Marcelo Godoy as Chief Technology Officer, effective November 1st, 2021.

Marcelo joins from Newmont Corporation, where he is currently Senior Vice President, Exploration.
He joined Newmont in 2012 as Group Executive in Technical Services and was promoted to Vice
President, Resource Evaluation and Mine Planning in 2017. With over 20 years of experience in the
mining industry, Marcelo, a Mining Engineer, holds a Master’s degree in Geostatistics from the
University of Rio Grande do Sul, in Brazil, and a PhD in Strategic Mine Planning from the WH Bryan
Mining Geology Centre, in Australia.

At Newmont, Marcelo has led the development of numerous innovation programs, including a world-
class orebody risk management system that delivered a step change in the reliability of production
forecasts. Marcelo is a recognised leader in the field of mine planning under geological uncertainty
and a champion of diversity and inclusion. Prior to joining Newmont, he was Mining Sector Leader for
Golder Associates in South America and a Director at Golder’s Global Board of Directors. During his
tenure at Golder, Marcelo managed major mining feasibility studies and reserve compliance audits for
Codelco, Vale, BHP, Anglo American and Antofagasta Minerals.

“Marcelo brings to AngloGold Ashanti deep experience in resource modeling, mine planning and
project development, as well as a track record in leading technical teams and introducing technology
to drive sustainable competitive advantage.” Alberto Calderon, AngloGold Ashanti’s Chief Executive
Officer, said. “He is a key addition of the leadership team which will be working hard in the coming
months to improve our operating performance, cost position and project delivery, as well as the
predictability and reliability of our forecasts.”

Marcelo will replace Graham Ehm, Executive Vice President: Group Planning & Technical, who retires
at the end of this year, later than initially planned, after agreeing to stay on until the Company’s new
leadership was established and underground mining at the Obuasi Gold Mine resumed. Graham, 65,
has spent 30 years with AngloGold Ashanti and its predecessor, Australia’s Acacia Resources, which
AngloGold acquired in 1999.

Graham was for seven years the General Manager of Sunrise Dam, in Australia, managing its expansion
and transition to underground mining. He led the successful turnaround of Geita Gold Mine, in
Tanzania, from 2009-2010, restoring its position as one of the AngloGold Ashanti’s most productive
and valuable mining assets. Graham also led the development of the Tropicana Gold Mine in Australia
from discovery to implementation and, more recently, the project to redevelop the Obuasi Gold Mine,
in Ghana.

“We bid a very fond farewell to Graham, who has not only built a very strong track record of delivery
in AngloGold Ashanti over more than two decades but has exemplified its values at each step of the
way,” Calderon said. “Graham will oversee the restart of Obuasi in 2021 and will also work closely with
Marcelo in the coming months to ensure a smooth handover of his portfolio. We wish him all the very
best in a well-earned retirement as he spends his time with his family.”

ENDS

Johannesburg
27 September 2021

JSE Sponsor: The Standard Bank of South Africa Limited

  Contacts
  Media
  Chris Nthite                                 +27 83 301 2481                                                               cnthite@anglogoldashanti.com
  Julie Bain                                   +27 663 640 038                                                               jbain@anglogoldashanti.com
  General inquiries                                                                                                          media@anglogoldashanti.com

  Investors
  Sabrina Brockman                             +1 646 880 4526/ +1 646 379 2555 sbrockman@anglogoldashanti.com
  Yatish Chowthee                              +27 11 637 6273 / +27 78 364 2080 yrchowthee@anglogoldashanti.com
  Fundisa Mgidi                                +27 11 637 6763 / +27 82 821 5322 fmgidi@anglogoldashanti.com

Website: www.anglogoldashanti.com
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Website: www.anglogoldashanti.com

Date: 27-09-2021 09:00:00
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